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Glomac profits up by 30pc

KUALA LUMPUR: Property developer Glomac Bhd is on track to grow its net profit by 30 per cent in this fiscal year ending April 30 2012."We expect to perform much better this year with profit after tax...

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Lower momentum expected for banking sector

KUALA LUMPUR: The Malaysian banking industry is set for a slowdown this year, but against a resillient economy it will still stand strong, says RAM Ratings head of financial institution ratings.Wong Y...

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Wolo prepares for KL debut

KUALA LUMPUR: A new hotel brand called Wolo will make its debut in the city centre this year. While details are still sketchy, it is understood that that it will be a boutique-style hotel located in t...